Restaurants face harsh reality as April saw weakest sales growth since July- General News
Restaurants saw their year-over-year same-store sales and traffic growth fall for the third consecutive month in April. During this month, the industry experienced its softest sales growth since July of last year, making April the second-worst month in over two years.
FMI: Grocery shoppers expand perception of value beyond price- General News
The latest survey of grocery shoppers by FMI – The Food Industry Association for its U.S. Grocery Shopping Trends 2023 series, reveals that the meaning of “good value” is becoming more complex as consumers navigate grocery aisles.
Cost-conscious shoppers drawn to promotions more than ever- Retail
For the first quarter of 2023, prices in several food and personal care categories topped the overall rate of inflation in the U.S. and Europe, according to the Catalina Shopping Basket Index.
Fruits, vegetables show lowest year-over-year inflation in April- General News
Seasonally adjusted prices for all food at home purchases increased 0.6% month-over-month in April, an acceleration from the 0.3% decrease in February.
When 100 percent is more than 100 percent- Analysis
I’m no genius at figures, but . . .Something seems to be wrong with a recent Talker survey about consumers’ top expenses.
Giant Eagle cuts prices on 800 items for summer- Retail
Giant Eagle, Inc. announced today a new “Price Lock” on an expansive list of 800 high-quality items, including a wide variety of grocery essentials at all Giant Eagle and Market District locations and a selection of popular items at GetGo.
Aldi to add 120 new stores nationwide in 2023- General News
Further solidifying its position as one of the fastest-growing grocers in the country, ALDI is adding 120 new stores this year.
Retail foot traffic drops in 2023 Q1- General News
With the first quarter of 2023 behind us, Placer.ai dove into offline traffic data to understand how the ongoing economic headwinds are impacting the retail landscape.
Technomic reports how historically high inflation impacted Top 500 chain restaurant performance in 2022- General News
Technomic released one of its most highly anticipated reports, the 2023 Top 500 Chain Restaurant Report, which includes expert findings and insights into the sales performance of U.S. chain restaurants in 2022.
Grocery shopper trends report shows price concerns lessening- General News
A survey of grocery shoppers’ spending habits and attitudes by FMI – The Food Industry Association, conducted by The Hartman Group, reveals that while U.S. shoppers remain concerned about rising food prices, consumers are less likely to cut back on the number of items they purchase.